DZT(SH:600611)2025-10-30 09:45Financial Performance - Total revenue for the third quarter was CNY 549,640,653.81, a decrease of 11.32% compared to the same period last year[4] - Total profit for the third quarter was CNY 17,320,548.23, down 90.42% year-on-year[4] - Net profit attributable to shareholders for the third quarter was CNY 22,023,252.80, a decline of 80.25% compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -7,472,322.87, a decrease of 370.84% year-on-year[4] - Basic earnings per share for the third quarter were CNY 0.01, down 75.00% from the same period last year[5] - Total operating revenue for the first three quarters of 2025 was CNY 1,692,388,541.40, a decrease of 23.3% compared to CNY 2,207,113,603.27 in the same period of 2024[17] - Net profit for the first three quarters of 2025 was CNY 117,488,898.29, down 54.5% from CNY 258,395,761.03 in the first three quarters of 2024[18] - Operating profit for the first three quarters of 2025 was CNY 159,678,397.92, a decline of 48.3% compared to CNY 309,037,785.06 in the same period of 2024[18] - Basic and diluted earnings per share for the first three quarters of 2025 were CNY 0.04, down from CNY 0.09 in the same period of 2024[19] - Total operating revenue for the first three quarters of 2025 was ¥163.53 million, a decrease of 29% compared to ¥230.66 million in the same period of 2024[26] - Net profit for the first three quarters of 2025 was ¥191.04 million, down 28% from ¥264.17 million in 2024[27] - Operating profit for the first three quarters of 2025 was ¥213.19 million, a decrease of 20% from ¥265.55 million in 2024[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 19,319,100,368.26, a decrease of 0.65% from the end of the previous year[5] - The total current assets as of September 30, 2025, amount to ¥9,148,118,971.93, a decrease from ¥9,542,132,438.58 at the end of 2024[14] - The total assets amount to ¥19,319,100,368.26, slightly down from ¥19,445,688,020.19 at the end of 2024[14] - The total non-current assets increased to ¥10,170,981,396.33 from ¥9,903,555,581.61 year-over-year[14] - The total liabilities decreased to CNY 8,668,485,255.84 in 2025 from CNY 9,067,942,500.69 in 2024, reflecting a reduction of 4.4%[16] - The total liabilities were CNY 6,156,615,611.94, slightly up from CNY 6,137,594,518.06 at the end of 2024[24] Shareholder Information - Shareholders' equity attributable to the parent company was CNY 10,143,297,367.33, an increase of 3.03% compared to the previous year[5] - The total equity attributable to shareholders increased to CNY 10,143,297,367.33 in 2025 from CNY 9,844,844,605.38 in 2024, representing a growth of 3.1%[16] - The total equity increased to CNY 9,435,649,126.67, compared to CNY 9,115,783,339.39 at the end of 2024[25] - The total number of common shareholders at the end of the reporting period is 197,947[11] - The largest shareholder, Shanghai Dazhong Public Utilities (Group) Co., Ltd., holds 473,186,074 shares, accounting for 20.01% of total shares[12] Cash Flow - The company reported a cash flow from operating activities of CNY 590,908,952.75 for the year-to-date, an increase of 18.15%[5] - In the first three quarters of 2025, the cash inflow from operating activities was CNY 2,242,148,195.75, a decrease of 17.2% compared to CNY 2,708,609,339.42 in the same period of 2024[20] - The net cash flow from operating activities increased to CNY 590,908,952.75, up by 18.1% from CNY 500,143,479.97 year-on-year[21] - The company reported a decrease in cash received from sales of goods and services to CNY 1,707,829,548.65, down 26% from CNY 2,307,282,489.38 in the previous year[20] - The company’s cash flow from financing activities included CNY 4,209,520,106.63 in cash received from borrowings, down from CNY 5,376,083,324.99 in the same period last year[21] - The company reported a net cash flow from operating activities of -¥656.77 million for the first three quarters of 2025, compared to ¥214.19 million in 2024[29] Expenses - The decline in profits was primarily due to decreased revenue from the main business and market competition, particularly in the real estate sector[8] - Research and development expenses for the first three quarters of 2025 were CNY 36,247,229.05, down 31.4% from CNY 52,837,136.83 in the same period of 2024[17] - The total operating costs for the first three quarters of 2025 were CNY 1,735,470,977.19, down 15.2% from CNY 2,045,993,453.33 in 2024[17] - The company incurred financial expenses of ¥93.09 million in the first three quarters of 2025, down from ¥113.11 million in 2024[26] Comprehensive Income - The company’s comprehensive income for the first three quarters of 2025 was CNY 482,437,475.13, an increase from CNY 286,498,207.90 in 2024[19] - The total comprehensive income for the first three quarters of 2025 was ¥483.46 million, significantly higher than ¥286.89 million in 2024[27] - The company reported a significant increase in other comprehensive income, totaling ¥292.42 million in 2025 compared to ¥22.72 million in 2024[27] Accounting Standards - The company has not applied new accounting standards for the first time in 2025[30]